Essay Q2 - PM Individual

First congrats to those who passed, commiserations to those who didn’t. Looking through the results on the other thread, it seems that the second, 9-mark essay question was a stinker. It seems nearly everyone got <50% on it. Can anyone remember what it was? Must have been a bugger for all those people to miss it.

Risk tolerance or liquidity requirement if I remember it correctly.

Implied assets/Liabilities. Inc/dec risk tolerance (3 parts, 3pts)

^ eastcoaster is spot on.

Ah yes. Seems everyone got that one wrong. Not sure it’ll make any difference to the rest of my life if I still don’t know the answer though.